Data Analytics Market Emerging Trends with Future Growth Scope by 2027 - Microsoft Corporation, MicroStrategy Incorporated, Oracle Corporation, SAP SE, SAS Institute

Data Analytics tool helps businesses to improve operational efficiency, effective decision-making, optimize marketing campaigns, increase revenue, reduce operational costs, and enhance customer services. Thus, increasing implementation of the data analytics tools that propel the growth of the data analytics market. However, data security issues, privacy concerns of confidential data, and limited availability of skilled workforce may hamper the growth of the data analytics market. Furthermore, increasing investment in social analytics and real-time analytics coupled with the various businesses benefit from analytical software are expected to boom the growth of the data analytics market.

Data Analytics Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Component (Solution, Services); Type (Predictive Analytics, Prescriptive Analytics, Descriptive Analytics); Enterprise Size (Small and Medium-Size Enterprises, Large Enterprises); Deployment Type (Cloud, On-premises); Application (Enterprise Resource Planning, Supply Chain Management, Database Management, Human Resource Management); End-user (BFSI, IT and Telecom, Retail and E-Commerce, Transport and Logistics, Healthcare, Media and Entertainment, Others) and Geography

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Data analytics is a process of inspecting, transforming, cleansing, and modeling of the data. Data analytics are used to analyze a large amount of data through various quantitative and qualitative techniques to gain market and customer insights which boosting the growth of the data analytics market. Moreover, increasing data generation by organizations and decreasing the cost of data storage solutions fostered the adoption of data analytics for successful business decisions and insights which anticipating the growth of the data analytics market.

Top Players in Data Analytics Market are-
Amazon Web Services, Inc.
Dell Inc.
IBM Corporation
Informatica
Microsoft Corporation
MicroStrategy Incorporated
Oracle Corporation
SAP SE
SAS Institute Inc.
Tableau Software, LLC

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Data analytics market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The data analytics market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The global data analytics market is segmented on the basis of component, type, enterprise size, deployment type, application, end-user. On the basis of component the market is segmented as solution, services. On the basis of type the market is segmented as predictive analytics, prescriptive analytics, descriptive analytics. On the basis of enterprise size the market is segmented as small and medium-size enterprises, large enterprises. On the basis of deployment type the market is segmented as cloud, on-premises. On the basis of application the market is segmented enterprise resource planning, supply chain management, database management, human resource management. On the basis of end-user the market is segmented as BFSI, IT and telecom, retail and e-commerce, transport and logistics, healthcare, media and entertainment, others.

The "Global Data Analytics Market Analysis to 2027" is a specialized and in-depth study of the data analytics industry with a special focus on the global market trend analysis. The report aims to provide an overview data analytics market with detailed market segmentation by component, type, enterprise size, deployment type, application, end-user, and geography. The global data analytics market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Data analytics market players and offers key trends and opportunities in the data analytics market.

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